IFLR1000

Republic of Korea Rmb3 billion panda bond issue

16/12/2015
Sovereign bond issue
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Rmb 3 billion

$ 458.146 million

Completed

16/12/2015

Overview:

  • The Republic of Korea has offered Rmb3 billion ($458 million) in panda bonds.
  • The bonds were publicly offered to investors in the People’s Republic of China through the PRC National Interbank Bond Market.
  • It was the first panda bond ever offered by a sovereign. 

Katrin Kostadinova - Data analyst

Jurisdiction:

South Korea

Deal type:

Sovereign bond issue

Practice area:

Capital markets : Debt

Governing law:

South Korea

Industry sector:

Government and public policy

Firms:
Bae Kim & Lee

Party: People's Republic of China (PRC) (Issuer)

Cleary Gottlieb Steen & Hamilton

Party: People's Republic of China (PRC) (Issuer)

Global Law Office

Party: People's Republic of China (PRC) (Issuer)

Kim & Chang

Party: Bank of Communications Co Ltd (Underwriter)

Party: Citibank (Underwriter)

Party: HSBC Bank plc (Underwriter)

Party: Standard Chartered Bank (Underwriter)

Party: Goldman Sachs Gao Hua Securities Company (Underwriter)

Lawyers: Kwon-Eui Park, Myoung Jae Chung

King & Wood Mallesons

Party: Bank of Communications Co Ltd (Underwriter)

Party: Citibank (Underwriter)

Party: HSBC Bank plc (Underwriter)

Party: Standard Chartered Bank (Underwriter)

Party: Goldman Sachs Gao Hua Securities Company (Underwriter)

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